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Today !!! Fed Interest Rate Decision

vontogr (togr)
Dec 21 2016 at 08:35
4862 posts
satishsanjit posted:
mlawson71 posted:
Don’t everyone expect an interest rate increase?


Of course there will be, I came across with this article https://i-trader.uk/interest-rates-2017/ about interest rates rise on 2017, saying Fed Chairwoman Janet Yellen pointed out the lack of change in major economic indicators as a reason the central bank’s withdrawal with the hike of its target for the federal funds rate, which influences other interest rates, to a range of between 0.5 and 0.75 percent from the current band of between 0.25 and 0.5 percent.


FED did actually promised 2 rates hike in 2015.
They did one in very last month. So dont trust these info blindly.

Antonio (tradfred)
Dec 23 2016 at 13:42
36 posts
@mlawson71 Only occasionally are usually promise to air, information which no can be trusted completely.

mlawson71
Dec 24 2016 at 11:29
1487 posts
tradfred posted:
@mlawson71 Only occasionally are usually promise to air, information which no can be trusted completely.


True, one should always take it with a grain of salt.

Richard Bills (RichardBills)
Dec 25 2016 at 08:29
74 posts
togr posted:
RichardBills posted:
togr posted:
togr posted:
and within minutes EURUSD dropped 1000 pips

and from 1.06700 to 1.04700 so 2 000 pips...
Wasnt it a bloodbath?


Well, 200 pips to be precise 😄 but 2000 pipettes 😉 This like that happen during news but for some careless traders it was a bloodbath I guess.


@RichardBills
dear user without single account here on MFB
 EUR/USD continues to fall, makes fresh 14-year lows
if this is not bloodbath what is it?


Sure, what I was saying is that this is how it goes, there are periods like that and now the pair is again rising. What I said was that in your example you are showing 200 pips difference, not 2000 pips 😄 So my point was just to give the precise calculation, not to argue whether it is a bloodbath or not.

Richard Bills (RichardBills)
Dec 25 2016 at 08:30
74 posts
@togr Talking about bloodbaths, I would like to refer also to what happened with the Dow Jones index around the US elections when the price moved by 1200 points within a single day - . Up and down, unpredictable historical movement. I personally would call this a bloodbath 😄

satishsanjit
Dec 27 2016 at 07:37
6 posts
@togr Well, analyst had that high expectation of the hike, but i agree with you though, there is uncertainty anyways all the time,

Raj (RPatell)
Dec 27 2016 at 10:06
64 posts
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄

Knowledge is king!
Mitchel (mitchel14)
Dec 27 2016 at 17:23
58 posts
RPatell posted:
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄



Very well said my friend

naiza
Dec 27 2016 at 17:32
36 posts
RPatell posted:
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄



This should be a world motto!

Richard Bills (RichardBills)
Jan 17 2017 at 13:55
74 posts
naiza posted:
RPatell posted:
Never trust politicians in 100%. You never know what will be their opinion tomorrow 😄



This should be a world motto!


I also agree on that. We see proofs of this motto every day! 😄

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